39 result(s) for national days in Business
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Xpat Opinion: More Signs Of A Recovering Economy In Hungary
- 20 Jun 2013 12:50 PM
- business
By Ferenc Kumin: Late last month, the European Commission announced that it would recommend that Hungary, after nine long years, exit the Excessive Deficit Procedure. The good news , as I wrote at the time, came on the heels of other encouraging reports of promising FDI and consumer skepticism data. Now, yet more hopeful signs that back Prime Minister Orbán’s cautious optimism about a slowly, but ...
Ukraine Grateful For Hungary’s Assistance In Resolving Gas Supply Issues
- 29 Mar 2013 8:00 AM
- business
Ukraine is also expected to show rapid economic growth in the future, and Hungary would like take part in this development, Hungary's Prime Minister Viktor Orbán said after meeting his Ukrainian counterpart Mikola Yanovych Azarov in Budapest on Thursday.
Xpat Opinion: An Argument In Favour Of The PM’s Idea Of Placing Half Of The Banks In Hungarian Hands
- 4 Sep 2012 9:00 AM
- business
A pro-government analyst approves the Prime Minister’s idea that at least half of Hungary’s banking sector ought to be in Hungarian hands. Three days after defending Viktor Orbán’s plan to buy back Hungary’s main gas supply chain from its German owner (see BudaPost, August 29), Magyar Nemzet’s Csaba Erdősi elaborates on why he believes it would make sense to have a substantial proportion of the ...
EU Orders Malév Hungarian Airlines To Repay State Aid
- 12 Jan 2012 10:35 AM
- business
"The European Commission yesterday ordered Malév to repay almost Ft 100 billion to the state, after ruling that government financial assistance for the airline during 2007-10 constituted illegal state aid. In essence, the EU competition authority found that Malév could not have obtained such financing from the market on similar conditions as offered by the state.
Alstom Metro Carriage Appeal Rejected In Hungary
- 19 Oct 2010 2:00 AM
- business
"The national transport authority NKH yesterday rejected an appeal from Alstom against its refusal to issue a permit for the French manufacturer’s subway carriages to run on Budapest’s second or ‘red’ metro line as well as the future fourth line.
Hungarian Forint Silently Sneaks To New Peaks On Global Market Confidence
- 12 Jul 2010 2:00 AM
- business
"Propelled by a continued, if slight, improvement in investor confidence, the Hungarian currency soared to a 2-week high effortlessly, the EUR/HUF rate stood dropped below the 280 mark on Friday afternoon in Europe.
Hungarian Forint Stable As Czech Koruna Gathers Speed
- 6 Jul 2010 2:00 AM
- business
"Monday witnessed minor fluctuations in the exchange rate of the Hungarian forint vs. major currencies, without a clear trend or direction. The lack of interesting developments reflects tranquillity in global markets as US markets remained closed for the day. Meanwhile the Czech koruna, typically the most stable of CEE currencies, has gained over 0.5%.
Hungarian C.Bank Chief Simor Manipulated Forint – Boros
- 29 Apr 2010 5:00 AM
- business
"Former minister in the first Orbán government Imre Boros accuses National Bank (MNB) governor András Simor of illegally influencing the exchange rate in today’s Magyar Hírlap. “Weakening the forint only requires €20-30 million,” Boros told the daily.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Xpat Opinion: More Signs Of A Recovering Economy In Hungary
- 20 Jun 2013 12:50 PM
- business
By Ferenc Kumin: Late last month, the European Commission announced that it would recommend that Hungary, after nine long years, exit the Excessive Deficit Procedure. The good news , as I wrote at the time, came on the heels of other encouraging reports of promising FDI and consumer skepticism data. Now, yet more hopeful signs that back Prime Minister Orbán’s cautious optimism about a slowly, but ...
Ukraine Grateful For Hungary’s Assistance In Resolving Gas Supply Issues
- 29 Mar 2013 8:00 AM
- business
Ukraine is also expected to show rapid economic growth in the future, and Hungary would like take part in this development, Hungary's Prime Minister Viktor Orbán said after meeting his Ukrainian counterpart Mikola Yanovych Azarov in Budapest on Thursday.
Xpat Opinion: An Argument In Favour Of The PM’s Idea Of Placing Half Of The Banks In Hungarian Hands
- 4 Sep 2012 9:00 AM
- business
A pro-government analyst approves the Prime Minister’s idea that at least half of Hungary’s banking sector ought to be in Hungarian hands. Three days after defending Viktor Orbán’s plan to buy back Hungary’s main gas supply chain from its German owner (see BudaPost, August 29), Magyar Nemzet’s Csaba Erdősi elaborates on why he believes it would make sense to have a substantial proportion of the ...
EU Orders Malév Hungarian Airlines To Repay State Aid
- 12 Jan 2012 10:35 AM
- business
"The European Commission yesterday ordered Malév to repay almost Ft 100 billion to the state, after ruling that government financial assistance for the airline during 2007-10 constituted illegal state aid. In essence, the EU competition authority found that Malév could not have obtained such financing from the market on similar conditions as offered by the state.
Alstom Metro Carriage Appeal Rejected In Hungary
- 19 Oct 2010 2:00 AM
- business
"The national transport authority NKH yesterday rejected an appeal from Alstom against its refusal to issue a permit for the French manufacturer’s subway carriages to run on Budapest’s second or ‘red’ metro line as well as the future fourth line.
Hungarian Forint Silently Sneaks To New Peaks On Global Market Confidence
- 12 Jul 2010 2:00 AM
- business
"Propelled by a continued, if slight, improvement in investor confidence, the Hungarian currency soared to a 2-week high effortlessly, the EUR/HUF rate stood dropped below the 280 mark on Friday afternoon in Europe.
Hungarian Forint Stable As Czech Koruna Gathers Speed
- 6 Jul 2010 2:00 AM
- business
"Monday witnessed minor fluctuations in the exchange rate of the Hungarian forint vs. major currencies, without a clear trend or direction. The lack of interesting developments reflects tranquillity in global markets as US markets remained closed for the day. Meanwhile the Czech koruna, typically the most stable of CEE currencies, has gained over 0.5%.
Hungarian C.Bank Chief Simor Manipulated Forint – Boros
- 29 Apr 2010 5:00 AM
- business
"Former minister in the first Orbán government Imre Boros accuses National Bank (MNB) governor András Simor of illegally influencing the exchange rate in today’s Magyar Hírlap. “Weakening the forint only requires €20-30 million,” Boros told the daily.